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Originally called ARPANET (Advanced Research Projects Agency Network). Funded by the U.S. Deparartment of Defense, it was pretty much a school network.
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With the internet being widely available to the public starting in the late 80s, ARPANET was decommissioned.
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Youtube was registered by ex-Paypal employees Chad Hurley, Steve Chen, and Jawed Karim.
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The Video
Posted by co-founder Jawed Karim it was entitled "Me at the Zoo". -
With only 5 menus on the site, which were Home, Favourites, Messages, Videos and My Profile.
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NBC asked the Youtube providers to pull the clip "Lazy Sunday" from SNL and put it on both sites. This brought major attention to both companies and paved the way for later and bigger pertnerships.
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The ad
The first video to get 1 million hits was a Nike commercial.It featured the Brazilian soccer player Ronaldinho. -
The creators of Youtube were able to launch Youtube out of Beta following a $3.5 Million investment from Sequoia Capital in November of the same year.
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Seeing the potential in Youtube, Google bought the video sharing site for $1.65 billion. At the time, Youtube was about 65 employees strong.
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The Partner Program in Youtube lets people be paid depending on how popular their videos are. Some people are actually able to make a living off of this. Some have even earned up to 6 figure salaries.
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Thanks to the CNN deal, people were able to post their questions for the presidential debate the next year. 7 out of the 16 candidates even announced candidacy on Youtube.
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Everyone has seen those little ad banners on the bottom of the video. Those were the first ads on Youtube which were added by Google.
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VEVO is the service used by music artists on Youtube to distribute their music videos. This service was created by Youtube to fix a bond with the record companies.
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Youtube started renting movies in the beginning of 2010. The companies they offer now include Paramount, Warner Brothers, Disney, Sony and Universal.
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Youtube started broadcasting live streams in 2011. Some streams include News, the Olympics, even the Royal Wedding.
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For the first time people could watch the Olympics free online from anywhere. Youtube was streaming the Summer Olympics via NBC.